The round of hikes underscores the mounting cost pressures facing the domestic auto industry as it enters 2026.Hyundai Motor India Limited (HMIL) on Wednesday announced a weighted average price increase of around 0.6 per cent across its model range, effective 1 January 2026, citing a sustained rise in the cost of precious metals and key commodities.
The company said it has been consistently working to optimise costs and improve operational efficiencies to limit the impact on customers. However, continued pressure on input costs has made it necessary to pass on a part of the burden through a modest price revision.
Hyundai, India’s leading passenger vehicle maker, has seen steady demand across segments in 2025, led by strong sales of models such as the Creta, Exter and Venue. The company has also been expanding its electric vehicle footprint, with the Creta EV contributing to growing EV volumes during the year.
Hyundai’s move follows similar announcements by several other carmakers ahead of the new calendar year. Renault India has said it will raise prices by up to 2 per cent across its portfolio, while Mercedes-Benz India plans hikes of up to 2 per cent. JSW MG Motor India and Nissan India have also indicated price increases of around 2–3 per cent from January, driven by rising input and logistics costs.
The round of hikes underscores the mounting cost pressures facing the domestic auto industry as it enters 2026.
